Toromont Industries Ltd.

Toromont Industries Ltd.verified

TIH.TO

Price:

$128.3

Market Cap:

$10.51B

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services. This segment serves building, mining, aggregates, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, indust...[Read more]

Industry

Industrial - Distribution

IPO Date

1996-08-13

Stock Exchange

TSX

Ticker

TIH.TO

The ROE as of September 2024 (TTM) for Toromont Industries Ltd. (TIH.TO) is 19.11%

According to Toromont Industries Ltd.’s latest financial reports and current stock price. The company's current ROE is 19.11%. This represents a change of 298.63% compared to the average of 4.79% of the last 4 quarters.

Toromont Industries Ltd. (TIH.TO) Historical ROE (quarterly & annually)

How has TIH.TO ROE performed in the past?

The mean historical ROE of Toromont Industries Ltd. over the last ten years is 18.11%. The current 19.11% ROE has changed 5.50% with respect to the historical average. Over the past ten years (40 quarters), TIH.TO's ROE was at its highest in in the December 2022 quarter at 6.87%. The ROE was at its lowest in in the March 2020 quarter at 2.37%.

Quarterly (TTM)
Annual

Average

18.11%

Median

18.74%

Minimum

15.01%

Maximum

19.94%

Toromont Industries Ltd. (TIH.TO) ROE by Quarter and Year

Discovering the peaks and valleys of Toromont Industries Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 21.31%

Maximum Annual ROE = 19.94%

Minimum Annual Increase = -19.74%

Minimum Annual ROE = 15.01%

Quarterly (TTM)
Annual
YearROEChange
202319.92%2.00%
202219.53%14.67%
202117.03%13.50%
202015.01%-19.74%
201918.70%-1.48%
201818.98%21.31%
201715.65%-11.05%
201617.59%-6.38%
201518.79%-5.76%
201419.94%-6.57%

Toromont Industries Ltd. (TIH.TO) Average ROE

How has TIH.TO ROE performed in the past?

The current ROE of Toromont Industries Ltd. (TIH.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

18.83%

5-year avg

18.04%

10-year avg

18.11%

Toromont Industries Ltd. (TIH.TO) ROE vs. Peers

How is TIH.TO’s ROE compared to its peers?

Toromont Industries Ltd.’s ROE is less than Finning International Inc. (19.91%), less than Stantec Inc. (12.40%), less than RB Global, Inc. (6.20%), less than CCL Industries Inc. (14.20%), less than Thomson Reuters Corporation (21.08%),

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